4//SEC Filing
Walters-Hoffert Lisa 4
Accession 0001493152-24-017310
CIK 0001083743other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 6:40 PM ET
Size
530.3 KB
Accession
0001493152-24-017310
Insider Transaction Report
Form 4
Walters-Hoffert Lisa
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-04-29−1,526→ 0 total→ Common Stock (1,526 underlying) - Exercise/Conversion
Common Stock
2024-04-29+1,526→ 27,584 total - Sale
Common Stock
2024-04-29$4.50/sh−534$2,403→ 27,050 total
Footnotes (4)
- [F1]Represents the number of common stock issued upon the vesting of 1,526 restricted stock units ("RSUs"), which converted into the Issuer's common stock on a one-for-one basis.
- [F2]This award was granted on April 29, 2021 subject to the terms and conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Equity Incentive Plan. One third of the original grant of 4,578 RSUs vested on April 29, 2022, and a subsequent one third vested on April 29, 2023. On April 29, 2024, the remaining one third of the original grant vested.
- [F3]This transaction was entered into pursuant to a Rule 10b5-1 trading plan previously adopted by Lisa Walters-Hoffert on June 13, 2023.
- [F4]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of the RSUs. The sale is made to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Documents
Issuer
Flux Power Holdings, Inc.
CIK 0001083743
Entity typeother
Related Parties
1- filerCIK 0001711576
Filing Metadata
- Form type
- 4
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 6:40 PM ET
- Size
- 530.3 KB